The meat processing turnover in Austria has experienced a fluctuating trend from 2013 to 2023. Beginning at 1.66 billion euros in 2013, the market saw periods of both decline and recovery. Notably, 2020 marked a significant increase of 9.65% year-on-year, pushing the turnover to 1.8 billion euros. By 2023, the turnover reached 1.91 billion euros, reflecting a year-on-year increase of 1.86% and a CAGR of 5.1% over the past five years.

Forecasts indicate a continued upward trajectory, with the turnover expected to grow to 2.08 billion euros by 2028, representing a 5-year CAGR of 1.35% and a total growth rate of 6.95%. This suggests stable and gradual growth in the sector.

Future trends to watch for:

Impact of technological advancements in meat processing and production efficiency.
Changes in consumer preferences towards plant-based and alternative proteins.
Regulatory shifts concerning health and environmental standards.
Global economic impacts and trade policies influencing meat exports and imports.